Triangular Moving Average tool

TMA or Triangular Moving Average is as you can already assume from the name itself, resembles other moving average tools. Similarity comes from from showing the price since it is based on previous prices. However it is also different, this one smootheness the price even more. It is displayed on the chart as a line. You also have to know this is not an indicator for trend. You can download it here:


We do not need to go into details on how this tool works since for that we would need to oncover some mathematical calculations and honestly, we do not need that. It is better to focus on usability of this tool and how to use it for making profits.

At first when you will load it, you will see similarity with boilinger bands but the lines are more smooth. You will be able to determine three lines, one in the middle and two on each side of this middle line. Basic idea of this indicator or tool is that the price moves outisde this two lanes. let it that be on the up side or the downside. That only means that the price is getting out of it comfort zone and therefore it is only a matter of time it will go back. You can see the picture to visualize this, how the price is going out of the zone or touches it.

Triangular Moving Average binary options

In majority of the time, the price goes out of the outisde line and gets back inside. You can also see on the left side of the same picture where price did went out of the outside line and continued that way. This is not an indicator i would suggest to use as a starting signal for a trade. For that, you should use this indicator with another one. This tool is giving you direction and that you should start looking at possible trade since there is a chance that there will be a change of direction. When you see the price is on the outside of the upper line, it means that the asset is overbought and when the price is over the outside of lower line, it means it is oversold. Let us focus on the middle line for a moment. It changes from red to blue and around aswell of course. What it does is it gives you indication of the trend.


Only problem that can happen for using this tool is if you do not use it in proper way, meaning that you will exectue trades based only on this indicator. That is why you should keep some other indicator for executing the trades with you aswell. Beside that, there is not much else to say.


It can always happen that you will make a bad trade. You are not a robot neither this tool is perfect. Of course when you will use it for the first time you will get even more negative trades, that is why i always suggest to try them out with demo. Beside, it is a very useful tool and it is recommended.

Heikin Ashi ninja tool from Japan

Sorry to dissapoint you at the beginning since this is not a fighting tool, it is merely a trading tool but i can get you in the mood since you can get good profits with this tool. In the basics, this tool is a modified version of japanese candles. They may look the same as japanese candlesticks when you look at them but when you actually see how they act you will see they are different and that is because their calculations are different from the japanese candlesticks where you see the opn and closing price and high and low of the time period the candle is representing. Instead, these heikin ashi candles relate to previous candle and they like to remove the noise, means they offer you more smoother price action. With using of this tool you can see easier the trend since it really is simple to use. When you see a closed uptrending heikin ashi candle, means that you can do a call trade. If you see a closed downtrending candle, you can do a put trade.


It can happen that they can be late with signalizing you when to go to trade since they calculate and use averages. On the other hand it can be also taken as advantage so you do not get out of the trade too early or in the trade when there is no right moment. If you are already expirinced when it comes to japanes candles trading, you can recognize the patterns formed there which does not happen here with heikin ashi but you are always able to have open 2 charts, one with japanese candles and one with heikin ashi.

You can be most sure here since there is less noise. For as long as you are in the trade within the same color you are ok and in correct direction. Since there is no connection beetwen mathematical calcualtions and candles, you can see much more cleaned out version of price. You can get the heikin ashi candles as a standard with msot of the charting packages so you remove the hassle of searching for it online.


Let us take a look at two pictures, both represent same asset within the same period of time. The first picture is the normal one with japanese candlesticks and the second one is with heikin ashi candles.

heikin ashi trading tool

heikin ashi binary options

As you see on the second picture it is nicely shown the smoothnes of price based on the colors which keeps us in the trade. Best way is that you use this tool to trade in the direction of the trend, with the colors. Blue color represent uptrend or bullish price action while red represents downtrend or bearish price action.


It is a great indicator tool and i would definitely recommend it to the beginners because of the simplicity. You can not go wrong with this one if you focus and dedicate some proper time for getting knowledge on basics of technical analysis in binary options.

Rollover and close now binary options tools

Rollover and close now are two tools that are almost basic to every binary options broker out there right now. So if you want to use it effectivelly you need to know what is important to know about thema nd how to use them, basicly how they work. To quickly summarize, rollover feature allows you to extend your expiration time of certain trade. Close now as the name suggest is the tool that lets you close the trade before the expiration of the time.


As we said, the rollover allows you to extend or increase the time of your trade before it expires. What it does is, you swap your option with the option that has more time on it. But this is not free and costs some extra money which usually is around 30% of your investment that you have put in the particular trade.

binary options rollover


You can use this feature, rollover, when you have done your analysis correctly and you know it is just a matter of time to go into your way. Means, that if you will be short for small amount of time, it is best that you use this feature , so trade can finish in the money. If you already are in the zone of money, then you do not need to use this since you are only risking more. You also do not want to put in use rollover when you see that the trade is coming against you. Good example would be, if there is some news that you did not expect and therefore your trade goes out of the money zone. In this case, rollover feature is not a good decision and it is better that you cut your loss.


This is by my expirience even better feature then the rollover one since you can close your binary option trade before the expiration time. Means, that you can take your profits or cut losses. This way you reduce the risk and gain profits and you can go into another trade.


This tool or feature is easy to use since your binary options broker will display you this feature when you have opened your trade. We know that the price of the option you have choosen is based on the price of the underlying asset and the expiration time. If you wish to cut losses or gain profit you can use this feature but your profits will be smaller. You just have to think reasonably when to use it, otherwise there is no reason for why you should not use this tool since it really is amazing addition to trading and more people should take action with it. Cutting your loss or take profits is just something you need to do in order to be a good trader.


Both of these tools are great and there isnot much spotlight on them although they could save you numerous times and save your money aswell. You just have to learn when to use it in proper way with your trading strategy. Only thing is that window of time to use this tools, which varies from broker to broker. This is something you will have to check on yourself with your selected broker.

Balance of power indicator

This is an indicator, called balance of power, which was developed by Igor Livshen. The method for using this indicator is as the name already say, it measures the balance beetwen uptrend and downtrend and which one of these is more powerfull. It does this by analysis of price movement over the period of time. It can also be used for binary options trading and that is why we will go through it.


Balance is everywhere around us, it is in nature, where when it is breaked, we get consequences with natural disasters. Same applies to rules of countries and where we live. If everything is in balance then we have no war. Something similiar comes with this indicator where this histogram is similiar to MACD. It is simple, when one side of the trade is more powerfull then the other, this balance of power goes into their favor.

Indicator itself is easy to program into your metatrader 4 platform or other platforms aswell. The link to the formula and indicator is here:

Click here to go to balance of power indicator

You will see that each day is represented with a bar that forms a histogram with peaks. The formula for balance of power is:

Balance of power = (closing price – opening price)/(high price – low price)

balance of power indicator

Meaning that if you want to calculate daily balance you have to substract first closing price from the opening and then you have to divide the number you get by the high price substracting from the low price.


You can use the indicator in different time frames. It can give you signals for crossovers, convergences and also divergences.

The basid signal is the line crossover. When you see a trend following crossover you can see it is a strong signal. For example we can take a look at this, trend crossover on the chart with daily prices can be good for a movement which can last from days to weeks. It si recommended for beginners to use trend following since it is easier.


As you know, every indicator can be bad at some point. I would suggest that you use this tool in combination with other tool so you can increase your profitability. If you will use it on your own, it can happen that you will get alot of false signals. It is good if it is used with trend following as i said for the beginners since you can see more clear signal. Of course it is also good for more expirienced traders which can get good data or signlas from the tool.


This indicator is nothing specila but it is not bad at all. It uses a simple formula which we have described and also gives you nice and simple to follow signals, especially in trend following.

What is economic calendar and how to use it?

Economy as itself is very important since it affects global finance market. That is why you need to know what is happening in order to succed in binary options trading. That is why economic calendar is a good tool which can give you better insight. You can always follow at our binary options economic calendar here.

binary options economic calendar


  • What is economic calendar?
  • Why is it bad and why is it good?
  • How to use economic calendar?

Economic calendar is a very useful tool and if you want to be good at trading you will have to start using it since no matter what kind of trader you are, it is used for every market(forex, commodities, etc.).  It is in such demand because it gives the traders straight news or indicators on what is going to happen in the industry and when is it going to be released. Some of the news are more important the others, usually that is noted. To keep track with calendar is important side when it comes to fundamental analysis and therefore can not be ignored. If you have ever witnesses a reversal on the chart, it was probably due to some important news – that is how much of an impact it does.


You have to know that this tool can be used only as information source, meaning that it will not teach you how to be a better trader since it already thinks you know how to use it. You have to understand it and use it in proper way for trading. At first it is good that you just look at it and see certain events and check how the market responds to it, the more you will know the better you can actually trade. Try it on demo account first. This way you prepare for the market.


Anything you trade, any asset, let it that be currency or commoditiy, you have to be able to read the news and interpret it. Let us take a look at one example on how you can use economic calendar at your advantage and potential profit at the end. In this case we will take a look at GBP/USD pair and perform binary option trade.

From the picture below we can see release of a news that is interesting, which is boe inflation report. This report has been in downtrend for GBP from the start of financial crisis in 2008. The effects of that are still here and therefore the economy situation is not looking bright for british pound, therefore we decide to make a PUT on this trade in our prefered binary options broker.

economic calendar example


Economic calendar is something that is a must have as you can see. It can help you soo much when it comes to trading, so start following it. We have one available for you to use it here. If you are a beginner i would suggest to follow few of the events very closely and see what happens. This way you ensure to know this for next time.

Moving averages crossover strategy

This is another strategy thatt is based on moving averages which is easy to follow. Please also, do not follow any strategy that says it is holy grail because there is no such thing and also do not buy anything that says will make you rich over night. Let us rather take a look at this beautiful simple system. It uses EMA (Exponential Moving Averages) with certain periods: 10, 25 and 50. Signal to when you can start thr trade is when the 10 period of EMA crosses or goes through the period of 25 EMA and 50 EMA, it has to go through both of them. Based on that, if it goes through them on the uptrend we trade a call and if it goes through it on downtrend we trade a put.


You have now a basic outline how this strategy might work but let us take a look at details so you will not get confused, here are the exact settings needed in order to execute the trade based on this strategy. First thing you need to do is to open metatrader 4 and give in the indicators written below. You can use it for any currency pair. It should look like this:

moving averages example

TIME FRAME: 15 minute or 1 hour chart


  • CALL:
    • When 10 EMA goes through and crosses 25 EMA and also 50 EMA in uptrending.
    • Wait for a candle bar to close over 50 EMA for a clear signal.
  • PUT:
    • When 10 EMA goes through and crosses 25 EMA and 50 EMA in downtrend.
    • Wait for the candle bar to close over 50 EMA to avoid false signal.

Now we have everything in order. Patience is the key here to wait for the right moment, for the signal to show. You have to meet with the criteria we have outlined and act accordingely. This is how they look.

moving averages strategy


You have to know this is not trend following strategy but is basicly the opposite since you make the entry when there is change of the direction if you check correctly. But if all is executed as it should be, from teh point of entry in the trade, you are in the trend following direction. Problem is that it can happen to fake the signal that is why it is important to follow the rules and make sure you execute it only when the tiem is right and not before. And do not use the system with low volatility since it will be to no use. It is good since it is simple to follow since it only uses three moving averages and it is not really some sort of rocket science when it comes to it. It can return you with big profits if you know how to be dsciplined. If you see that the trade will go against you, you can use the feature that is supported by binary options brokers which is called close early and you get some money back, so you do not get maximum loss.


I can already say you will get a few losses but keep your head straight and you will profit in the long run. As i always say, there is no perfect strategy out there, only good  and clear system and good money management can help you that is why you need to learn this, no shortcuts.

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